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Litian Pictures Holdings' high P/S ratio is alarming due to ...

Litian Pictures Holdings' high P/S ratio is alarming due to its falling revenue. Investors may be holding stock in hopes of future industry outperformance. Yet, if revenue trends persist, the share price may drop, adjusting the P/S ratio.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more
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